Bank-to-Bank Transfer (External Transfers)

Frequently Asked Questions

Who is eligible for Bank-to-Bank Transfer?

Any Central National Bank account holder who has a qualified account and is signed up for Online Banking, is eligible for the Bank-to-Bank Transfer service. Qualified accounts are determined at Central National Bank's discretion.

What accounts can I transfer to/from?

You can transfer funds to or from any accounts that you own at other financial institutions. After you enroll your external account using the account and routing number, we will submit trial deposits to the account. Once you’ve confirmed these amounts, you will be able to start transferring funds.

How much does it cost to use Bank-to-Bank Transfer?

There is no cost to sign up for the service or to conduct inbound transfers. Outbound transfers (funds sent from your Central National Bank account to other financial institutions) cost $3.00 each.

How fast will my funds arrive?

When transferring funds TO your Central National Bank account, funds will be available 3 business days after they arrive (so typically 3-5 business days after you submit the transfer). Funds transferred FROM your Central National Bank account to another financial institution will be debited from your account immediately and available at the other financial institution in accordance with their funds availability policy.

Are there limits on how much and how often I can transfer?

Effective November 30, 2022 you can make up to three transfers per day, totaling up to $1,000 per day. If higher limits are needed, please call 888-262-5456.